XRPL Tokenized Assets Crosses $1B as Institutional Adoption Grows

The XRP Ledger (XRPL) has reached a big milestone, with over $1 billion in tokenized assets now on its network.

This shows growing trust from big financial institutions and wider use of asset tokenization on the popular public blockchain network.

Binance and RLUSD Boost XRPL Activity

In a recent X post, crypto investor Paul Barron disclosed that the public blockchain has surpassed $1 billion dollars in on-chain tokenized assets. This milestone comes as the network takes on more big institutional projects and moves beyond just payments.

The growing amount of tokenized assets shows that institutions now see the XRPL as a trusted platform for regulated finance.

A major boost came from the listing of Ripple’s stablecoin, RLUSD, on Binance. Users can now trade the dollar-pegged token against XRP and USDT. The crypto exchange also plans to add the XRPL as a supported blockchain. This is poised to improve liquidity, make access easier, and attract more users to the network.

Institutional Adoption of XRPL Continues to Grow

Institutional interest in the XRPL continues to broaden. Axiom has announced plans to launch a prediction market on the network. The platform entered beta testing last week, marking another step toward expanding financial applications on the ledger.

In January 2025, Ondo Finance introduced tokenized U.S. Treasury products on the XRPL. Although the product faced regulatory scrutiny when the Securities and Exchange Commission (SEC) reviewed the legal structure, the inquiry ended without further action. 

Since then, Ondo Finance has expanded its operations on the ledger. The blockchain network now holds more than $145 million in tokenized U.S. treasury debt. This is a growth of over 2,800% compared to last year, showing strong interest from institutions in low-risk assets on blockchains. 

At the same time, stablecoin holdings on the XRPL grew by $100 million in January, reaching $407 million in total. This increase shows rising demand for digital dollar products on the network. Stablecoins are now a key part of the XRPL, helping with payments, trading, and institutional transactions.

Ripple Strengthens XRPL for Institutional Tokenization

Ripple has steadily positioned itself as a leader in tokenization and stablecoin systems. Beyond the XRPL, Ripple partnered with Securitize to bring its stablecoin, RLUSD, into tokenized funds managed by BlackRock and VanEck. These moves show Ripple’s plan to link traditional finance with blockchain markets. 

Recent updates have also made the XRPL more efficient and flexible. After RLUSD was added to BlackRock’s BUIDL fund, developers improved the ledger’s programmability.

These changes strengthened smart contract features, making the XRPL better suited for complex institutional products.

In October, the XRPL launched a Multi-Purpose Token standard focused on real-world asset tokenization.
This allows issuers to limit token ownership to approved users and set supply caps. These controls add the compliance features institutions need when issuing regulated financial assets.